/term/cyclically-adjusted-book/TSE:3326 Runsystem Co (TSE:3326) Cyclically Adjusted Book per Share
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Runsystem Co (TSE:3326) Cyclically Adjusted Book per Share : 円684.13 (As of Dec. 2023)


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What is Runsystem Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Runsystem Co's adjusted book value per share for the three months ended in Dec. 2023 was 円20.152. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is 円684.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Runsystem Co's average Cyclically Adjusted Book Growth Rate was -8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Runsystem Co was -0.50% per year. The lowest was -0.50% per year. And the median was -0.50% per year.

As of today (2024-06-20), Runsystem Co's current stock price is 円404.00. Runsystem Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円684.13. Runsystem Co's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Runsystem Co was 1.40. The lowest was 0.42. And the median was 0.59.

Runsystem Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Runsystem Co's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Runsystem Co Cyclically Adjusted Book per Share Chart

Runsystem Co Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 852.22 880.47 903.38 839.88 -

Runsystem Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 745.13 - 723.91 705.38 684.13

Competitive Comparison of Runsystem Co's Cyclically Adjusted Book per Share

For the Leisure subindustry, Runsystem Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Runsystem Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Runsystem Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Runsystem Co's Cyclically Adjusted PB Ratio falls into.


Runsystem Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Runsystem Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.152/106.8000*106.8000
=20.152

Current CPI (Dec. 2023) = 106.8000.

Runsystem Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 907.024 95.700 1,012.227
201406 931.450 98.000 1,015.090
201409 950.924 98.500 1,031.053
201412 940.871 97.900 1,026.405
201503 976.043 97.900 1,064.774
201506 974.299 98.400 1,057.471
201509 1,003.701 98.500 1,088.277
201512 986.402 98.100 1,073.881
201603 1,006.797 97.900 1,098.324
201606 993.217 98.100 1,081.300
201609 976.246 98.000 1,063.909
201612 951.373 98.400 1,032.588
201703 963.178 98.100 1,048.597
201706 889.308 98.500 964.245
201709 890.821 98.800 962.952
201712 887.999 99.400 954.108
201803 879.122 99.200 946.474
201806 925.176 99.200 996.056
201809 933.378 99.900 997.846
201812 937.162 99.700 1,003.901
201903 954.659 99.700 1,022.644
201906 941.878 99.800 1,007.942
201909 968.709 100.100 1,033.548
201912 962.435 100.500 1,022.767
202003 949.302 100.300 1,010.822
202006 475.880 99.900 508.749
202009 300.782 99.900 321.557
202012 164.914 99.300 177.370
202103 47.021 99.900 50.269
202106 49.563 99.500 53.199
202109 2.687 100.100 2.867
202112 -58.200 100.100 -62.096
202203 -120.943 101.100 -127.762
202206 59.550 101.800 62.475
202209 31.684 103.100 32.821
202212 6.707 104.100 6.881
202303 0.000 104.400 0.000
202306 7.395 105.200 7.507
202309 9.992 106.200 10.048
202312 20.152 106.800 20.152

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Runsystem Co  (TSE:3326) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Runsystem Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=404.00/684.13
=0.59

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Runsystem Co was 1.40. The lowest was 0.42. And the median was 0.59.

Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.

Runsystem Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Runsystem Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Runsystem Co (TSE:3326) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Runsystem Co Ltd (TSE:3326) » Definitions » Cyclically Adjusted Book per Share
Comparable Companies
TSE:6074 TSE:2330 TSE:6570 TSE:7865 TSE:7847 TSE:8135 TSE:7608 TSE:7841 TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 SZSE:300144 LSE:GAW HKSE:09992
Traded in Other Exchanges
N/A
Address
3F, Aoyagi Ikebukuro, Ikebukuro 2-chome, Toshima-ku, Tokyo, JPN, 171-0014
Website
http://www.runsystem.co.jp
Runsystem Co., Ltd is engaged in store management business, creation of space for self-fun, and real estate business in Japan. The company also offers own space game applications.

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